Miami Region March Home Sales

WASHINGTON, D.C. – May 6, 2013 – (RealEstateRama) — Miami-area home sales rose above a year earlier for the 11th consecutive month in March amid sizeable gains in mid- to high-end activity and a record level of sales to investors and other absentee buyers. The median price paid for a home rose 14.1 percent from a year ago, marking the 15th month in a row with a year-over-year increase, a real estate information service reported.

U.S. States

Business Real Estate Press Releases

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice Presidents Eric Wohl and Kevin Fryman, along with President Ed Hanley, represented Phillips Edison & Company, Inc., the seller, in the sale of a Safeway-anchored 87,697-square-foot shopping center in the Denver metro area. Hanley Investment Group also represented the buyer, Midtown National Group, LP of San Diego, California, in the transaction.

Recent Gov & Nonprofit Real Estate Press Releases

The District of Columbia Housing Finance Agency (DCHFA) closed on its first U.S. Department of Housing and Urban Development (HUD) Level I 50/50 Risk Share 542 (c) loan to finance the preservation of 176 affordable units at Woodmont Crossing Apartments (2327 Good Hope Road Southeast).